IDEAS home Printed from https://ideas.repec.org/a/pal/gpprii/v31y2006i1p38-45.html
   My bibliography  Save this article

Our World

Author

Listed:
  • Ron Pressman

    (GE Insurance Solutions, 9201 State Line Road, Kansas City, MO 64114, U.S.A.)

Abstract

The insurance industry is a critical foundation of the global economy, a fact that is often overlooked in our haste to deal with the challenges of our competitive markets. Because of the financial security and protection we provide for people, property and reputations, new buildings are built, planes fly, risks are taken and economies around the world grow. Our world is changing, and we must change with it. As insurers, we must recognize the broader, global reality in which our businesses are operating. This paper will address how rating agencies, regulatory scrutiny, underwriting discipline, loss-cost inflation, catastrophes, tort costs, and emerging issues are affecting the industry. Solutions and best practices will be discussed. In addition to facing and eliminating the issues discussed in this paper, we must deliver what customers want: consistency, service, expertise, security, financial strength and integrity. The best way to deliver all of this is through customer service; it's at the centre of GE Insurance Solutions’ brand promise. The Geneva Papers (2006) 31, 38–45. doi:10.1057/palgrave.gpp.2510062

Suggested Citation

  • Ron Pressman, 2006. "Our World," The Geneva Papers on Risk and Insurance - Issues and Practice, Palgrave Macmillan;The Geneva Association, vol. 31(1), pages 38-45, January.
    • Handle: RePEc:pal:gpprii:v:31:y:2006:i:1:p:38-45
    as

    Download full text from publisher

    File URL: http://www.palgrave-journals.com/gpp/journal/v31/n1/pdf/2510062a.pdf
    File Function: Link to full text PDF
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: http://www.palgrave-journals.com/gpp/journal/v31/n1/full/2510062a.html
    File Function: Link to full text HTML
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:gpprii:v:31:y:2006:i:1:p:38-45. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave-journals.com/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.